DSCR up to 8 units in Nipomo, CA

DSCR loan in Nipomo, CA is based on the property's cash flow without the borrower's income verification.

DSCR stands for “long-term debt service coverage ratio.” These loans are for real estate investors who wish to grow their property portfolio in Nipomo, CA, and many other cities throughout Texas and the US.

Basic DSCR Loan Terms in Nipomo, CA

  • Property types: residential 1-8 units
  • Loan amounts from $75,000
  • 80% LTV purchase/75% Cashout
  • 30-year fixed or 5/7/10 ARM (I/O)
  • Rates from 6.5%
  • Minimum FICO 660
  • No income verification
  • Low fees and costs

Buy-and-hold investors in Nipomo, CA can be assured that by working with Horizon Lending Services, we will always provide the best opportunities at the best possible rates.

If you are looking at a single-family home, condo, townhome, or multiplex, our Nipomo, CA real estate investors have you covered.

Investment Opportunities in Nipomo, CA

The Benefits of DSCR Loans in Nipomo, California

DSCR loans offer numerous benefits, including favorable interest rates, flexible terms, and higher loan amounts, making them ideal for real estate investors looking to finance properties in Nipomo, California.

Nipomo, with a population of approximately 16,000 residents, is a diverse community with a median household income exceeding the state average. The area boasts a mix of retirees, young families, and professionals, creating a vibrant and welcoming atmosphere.

The housing market in Nipomo is robust, with a variety of property options ranging from modern single-family homes to spacious estates. Property values have shown steady appreciation in recent years, making Nipomo an attractive location for real estate investment.

Among Nipomo's main attractions are the Monarch Dunes Golf Club, the Nipomo Regional Park, and the acclaimed Nipomo Native Garden. Additionally, the nearby coastline offers beautiful beaches and outdoor recreational opportunities for residents and visitors alike.

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